Dow stocks hitting 52-week highs include AMerican Express (AXP) 326.22 (-1.34%), Goldman Sachs (GS) 738.21 (-1.43%) and JPMorgan (JPM) 294.38 (-3.11%). There were no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +80 points.

Friday the Dow closed down 220.43 (-0.48%) at 45,400.86.

Year-to-date the Dow is up +6.72%.

Friday, (10) Dow stocks were up, none made 52-week lows, and (3) made 52-week highs.

The Dow stock winners Friday were Salesforce (CRM) 250.76 (+2.77%), Sherwin Williams (SHW) 372.43 (+1.82%) and Home Depot (HD) 418.95 (+1.76%).

The Dow stock losers Friday were led by JPMorgan (JPM) 294.38 (-3.11%), Nvidia (NVDA) 167.02 (-2.70%) and Chevron (CVX) 153.66 (-2.56%).

The VIX closed Friday at 15.19 (-0.72%) and the 10 YR at 4.098 (-1.59%). The VIX is currently at 15.42 (+1.58%). The 10YR is at 4.074 (-0.39%).

The average 30-year fixed mortgage rate dropped 16 basis points to 6.29% following Friday’s jobs report, according to Mortgage News Daily. That’s the largest one-day decline since August 2024. With that slide, the rate sat at its lowest level since last October.

This week, the producer price index report for August is due out Wednesday morning, followed by the consumer price index on Thursday. This data follows the lackluster August jobs report that helped fuel investor hope that the Federal Reserve is all but assured to lower benchmark interest rates at its policy meeting later this month (9/17/25). The jobs figures also raised the prospect of getting a half-point rate cut.

Citi cuts price target on Nvidia amid growing AI competition. Nvidia (NVDA) is under threat by other artificial intelligence chipmakers, according to Citi. Analyst Atif Malik kept his buy rating on Nvidia but trimmed his price target by $10 to $210. His new target suggests that shares of the tech giant, which are up 24.4% this year, could see 19.7% additional upside from Friday’s close. Malik’s lower target comes after Broadcom’s quarterly results last week reflected strong year-over-year growth. The company also announced a $10 billion order of custom AI chips, which the company calls XPUs, from a fourth mystery customer.

U.S. futures are higher, European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up two-tenths of a cent at $3.199 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 9/30/2025 after the market close.

Amazon (AMZN) reports earnings on 10/30/2025 after the market close.

Today’s Featured Dow Stock

Verizon (VZ)

Verizon (VZ) 44.38 (+0.45%) is up +10.98% in 2025.

Financial Calendar

10:00 AM ET CB Employment Trends Index (Aug), 107.55
11:30 AM ET 3-Month Bill Auction, 4.045%
11:30 AM ET 6-Month Bill Auction, 3.880%
15:00 PM ET Consumer Credit (Jul), 7.37B